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El Cerro Loop, Los Lunas, NM SW, Los Lunas, NM 87031

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For Sale

$100,000

1.51 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • 1.5 acres
    Lot size

Explore this Property

A little piece of country, just an itty-bitty way to the city! Owners are willing to accept $80k down payment and carry a 30-year fixed note, no prepayment penalty, 5% interest APR. Owners are in the horse business and are selling a small piece of their pristine ranch. This is 1.5 acres of developable land on El Cerro Loop, on the edge of the Middle Rio Grande Valley, a short distance to Los Lunas, fine dining, restaurants, shopping, and entertainment. Potential uses for this land include: 1-family unit, custom / modular home permitted with additional residences for 1st-time buyer, vacation home, or rental; Agricultural, such as alfalfa or chili; Ranching, including horse arena and boarding facility. Amazing price with owner carry! Featured video:
MLS# 1095235

Courtesy Of Realty One of New Mexico

(505) 883-9400

Property Features

  • Lot Size
    1.51 Acres

Map and Directions

Directions to El Cerro Loop, Los Lunas, NM SW, Los Lunas, NM 87031

Home seller CENTURY 21 Champions, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Champions, Inc.

(505) 865-3381
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.